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IaM-Ray posted:

Wngd ... your not wrong, not a good value, even at the starting price!

If I was near I would take a close look at it then deduct from that price everything I needed to put into it... , as once you start getting into it you'll be adding quite a few K's$ 

Just saying

 

DISAGREE....I BEG TO DIFFER.......yes will need a bit here and there but if it checks out and needs 3 to 5K....then to have a NICE ROADIE/ac/LEATHER for low 30s? sounds good to me?

Where can you get a DECENT/CLEAN/well "SORTED"(I love that ridiculous word) IM Roadster for LOW 30s???

A new one is DOUBLE THAT.....high 60s/low 70s?

This car, barring eyesight deficiencies and photoshop fake-news, looks DARN CRISP and CLEAN....

 

just sayin

Last edited by Banzai Pipeline
Banzai Pipeline posted:
IaM-Ray posted:

Wngd ... your not wrong, not a good value, even at the starting price!

If I was near I would take a close look at it then deduct from that price everything I needed to put into it... , as once you start getting into it you'll be adding quite a few K's$ 

Just saying

 

DISAGREE....I BEG TO DIFFER.......yes will need a bit here and there but if it checks out and needs 3 to 5K....then to have a NICE ROADIE/ac/LEATHER for low 30s? sounds good to me?

Where can you get a DECENT/CLEAN/well "SORTED"(I love that ridiculous word) IM Roadster for LOW 30s???

A new one is DOUBLE THAT.....high 60s/low 70s?

This car, barring eyesight deficiencies and photoshop fake-news, looks DARN CRISP and CLEAN....

 

just sayin

Once again, the STARTING BID is $29,999 so you won't likely get it for that in order to "to have a NICE ROADIE/ac/LEATHER for low 30s" once you fix up what inevitably needs to be addressed.

The starting values for these used cars is different for everyone. I was simply pointing out that no reserve is nothing to get excited about when the starting bid is set at $30K. And pointing out what a new IM costs when this is a 21 year old car doesn't make a lot of sense to me. Maybe just me. 

And pointing out what a new IM costs when this is a 21 year old car doesn't make a lot of sense to me. Maybe just me. 

 Sometimes a 20 year old car can be in better condition than a TWO year old car...and virtually all IM Roadsters look the same as it is the replica of the 59D...so a 1996 looks just like a 2016. There is no built in depreciation index, rather the condition of the vehicle, along with the desirability of its options largely dictates value. A 21 year old cars age is only in play if its condition dictates so, just as a 2016 might if its beat to crap!
The replacement value has quite a bit to do with the value and resale of IM cars considering the quality of build, quality of components , and craftsmanship. Some sell close to or at their purchase price as the cost of a new one makes its value a "VALUE" purchase to some.
Of course that is SUBJECTIVE just as is any OPINION which I RESPECT despite differ! A "USED" one might, THEORETICALLY, approach the condition of a new one and at HALF the PRICE, might suggest VALUE.....which is  often a historical factor in IM resale.

Sorry Banzai, my valuation of used IM's comes from having bought and sold over 20 cars befor I was 20 and I think at last count I have owned 48 cars so I may not get it right all the time but in my opinion the condition of the car at that age cannot be stellar even if it looks good from 20 feet. The final tally of repairs would surprise some but I would not be surprised hence my reluctance to be enamoured with a 20 year old car. 

IaM-Ray posted:

Sorry Banzai, my valuation of used IM's comes from having bought and sold over 20 cars befor I was 20 and I think at last count I have owned 48 cars so I may not get it right all the time but in my opinion the condition of the car at that age cannot be stellar even if it looks good from 20 feet. The final tally of repairs would surprise some but I would not be surprised hence my reluctance to be enamoured with a 20 year old car. 

You could very well be RIGHT!

DISAGREE: love leather patina...patch will add character and it looks GREAT! If a PPI checks out and NO big issues....fairly priced! how many crisp/clean IM ROADIES, in excellent(?) shape/AC are available for 30K? 

Supply and demand...if everyone who wanted a ROADIE could afford to buy a new one, its resale value would be NIL...BUT 30K/70K equation to cruise in comfort? 

Buy a new SPEEDIE from HUBBARD/30K or ? or? or?

Roadster/rollup windows/nice top/AC......Leather albeit tear 30K or?

I guess the market doesn't think it's such an obvious deal since they haven't got even an opening bid at $29,999 ....

The fact that it's 21 years old and higher mileage than typically seen (41,000 miles, not necessarily a bad thing) and the seller suggests for any technical question that you call Intermeccanica who may not have seen the car in 20+ years, may give some pause for thought at $30,000 .... jmo

Pretty car though....although I'd be a touch worried that the owners decision not to fix those seats might be indicative of the overall state of maintenance.

WNGD posted:

I guess the market doesn't think it's such an obvious deal since they haven't got even an opening bid at $29,999 ....

The fact that it's 21 years old and higher mileage than typically seen (41,000 miles, not necessarily a bad thing) and the seller suggests for any technical question that you call Intermeccanica who may not have seen the car in 20+ years, may give some pause for thought at $30,000 .... jmo

Pretty car though....although I'd be a touch worried that the owners decision not to fix those seats might be indicative of the overall state of maintenance.

There IS A BID, actually, and without a PRE-PURCHASE INSPECTION....it is truly an OPEN BOOK with NO ANSWERS until there are answers. Could be anything between CRAP and AMAZING

Banzai Pipeline posted:
WNGD posted:

I guess the market doesn't think it's such an obvious deal since they haven't got even an opening bid at $29,999 ....

The fact that it's 21 years old and higher mileage than typically seen (41,000 miles, not necessarily a bad thing) and the seller suggests for any technical question that you call Intermeccanica who may not have seen the car in 20+ years, may give some pause for thought at $30,000 .... jmo

Pretty car though....although I'd be a touch worried that the owners decision not to fix those seats might be indicative of the overall state of maintenance.

There IS A BID, actually, and without a PRE-PURCHASE INSPECTION....it is truly an OPEN BOOK with NO ANSWERS until there are answers. Could be anything between CRAP and AMAZING

ALSO..there could be back channel negotiations going on with inspections...My IM6 purchase took place VIA Ebay ad and there were at least 4 or 5 potential buyers doing inquiries and negotiations OUTSIDE of bid view. The NO BID/ONE BID is not truly indicative of the action with any CERTAINTY.

40 minutes left, we'll see if opening bid actually takes it on a no reserve ad. I have also seen the seller with the typical "reserve the right to pull the auction" if the no reserve but minimum bid required didn't hit what they wanted. ebay games 

And dealers always tell you there's a few other potential buyers interested ..... you better not wait 

Last edited by WNGD
WNGD posted:

40 minutes left, we'll see if opening bid actually takes it on a no reserve ad. I have also seen the seller with the typical "reserve the right to pull the auction" if the no reserve but minimum bid required didn't hit what they wanted. ebay games 

And dealers always tell you there's a few other potential buyers interested ..... you better not wait 

Just as a point of information...there were at least TWO other members of SOC bidding on my IM6 by their own admittance....and evidenced at length by a number of TOPICS discussed at the end of March/early APRIL 2017 on this very site...... ..NOT a fabrication by the dealer and HARD REALITY. 

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